216, Shamal Waves
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 216, Shamal Waves
What is 216 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 491 sqft
- Floor
- 2nd of 4
- Parking
- B1-216
- Developer
- Lootah Real Estate Development
- Completed
- 2018
- Service charge
- AED 7,100 /yr
- Last sold
- AED 555K · November 2024
- Building
- Shamal Waves
About 216, Shamal Waves
216 is a studio of 491 sqft on the 2nd floor of Shamal Waves, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2018 by Lootah Real Estate Development. It last sold on 25 November 2024 for AED 555,000, or AED 1,131 per sqft, 50% above the AED 755 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 45,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 7,100 a year.
Sales and rents for 216 over time
216 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Shamal Waves, and where 216 sits
All 51 studios →216 last sold in November 2024 at AED 1,131 per sqft, 50% above what studios in Shamal Waves were fetching at the time (AED 755). Over the last 12 months studios sold for AED 514,500 to 750,000, around AED 866 per sqft, and rent for AED 37,571 to 72,000 a year. 216's AED 45,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 574 sqft | 670,000 | 1,166 | ||
| 23 Jul 202623 July 2026 | 608 sqft | 605,000 | 994 | ||
| 16 Mar 202616 March 2026 | 608 sqft | 530,000 | 871 | ||
| 20 Feb 202620 February 2026 | 633 sqft | 690,000 | 1,089 |
Shamal Waves
Building68 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2018 by Lootah Real Estate Development. 12 sold in the last 12 months.
- Typical price per sqft
- AED 866 Down 1.0%
- Typical sale
- AED 544K
- Typical rent
- AED 54K /yr
- Typical yield
- 9.8%
Other units on the 2nd floor
All 68 units in Shamal Waves| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 633 sqft | AED 534KAED 533,880 · Jan 2026January 2026 | 45,000 /yr | |
| 202 | Studio | 737 sqft | AED 552KAED 552,000 · Mar 2024March 2024 | 29,000 /yr | |
| 203 | Studio | 585 sqft | AED 630KAED 630,000 · Aug 2025August 2025 | 56,000 /yr | |
| 204 | Studio | 567 sqft | AED 562KAED 562,000 · Jun 2025June 2025 | 53,000 /yr | |
| 205 | Studio | 629 sqft | AED 520KAED 520,000 · Feb 2024February 2024 | 37,000 /yr | |
| 206 | Studio | 630 sqft | AED 555KAED 555,000 · May 2019May 2019 | ||
| 207 | Studio | 645 sqft | AED 550KAED 550,000 · May 2025May 2025 | 39,900 /yr | |
| 208 | Studio | 608 sqft | AED 515KAED 514,500 · Jan 2026January 2026 | 44,000 /yr | |
| 209 | 2-bed | 998 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 73,500 /yr | |
| 210 | Studio | 574 sqft | AED 670KAED 670,000 · Sep 2026September 2026 | 43,000 /yr | |
| 211 | Studio | 476 sqft | AED 450KAED 450,000 · Sep 2023September 2023 | 27,000 /yr | |
| 212 | Studio | 497 sqft | AED 550KAED 550,000 · Mar 2025March 2025 | 34,000 /yr | |
| 213 | Studio | 525 sqft | AED 465KAED 465,000 · Nov 2018November 2018 | 55,000 /yr | |
| 214 | Studio | 527 sqft | AED 545KAED 545,000 · Jul 2018July 2018 | ||
| 215 | Studio | 522 sqft | AED 545KAED 545,000 · Oct 2017October 2017 | 48,000 /yr | |
| 217 | Studio | 523 sqft | AED 350KAED 350,000 · Mar 2024March 2024 | 45,000 /yr | |
| 218 | Studio | 521 sqft | AED 405KAED 405,000 · Oct 2022October 2022 | 30,000 /yr | |
| 219 | 1-bed | 894 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | 72,000 /yr |
216, Shamal Waves in numbers
- Sold twice: first on 18 July 2018 for AED 515,607, last on 25 November 2024 for AED 555,000 (AED 1,131 per sqft).
- Rented since March 2019 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 27,000 in 2020 and recovered to AED 45,000 by May 2026.
- At AED 45,000 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 7,100 a year (AED 14.48 per sqft).
- Studios in Shamal Waves sold for AED 514,500–750,000 in the 12 months to November 2026; the building's median across all types is AED 866 per sqft.
Source: Dubai Land Department. Updated 1 May 2026.
Questions about 216, Shamal Waves
What did unit 216 last sell for?
AED 555,000 on 25 November 2024: AED 1,131 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 515,607 in July 2018.
What is the rent for unit 216?
AED 45,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2026, was AED 55,000; the unit has been rented since March 2019.
How big is unit 216?
491 sqft (45.6 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.
What is unit 216 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Shamal Waves sold for AED 514,500 to 750,000 in the last 12 months, around AED 866 per sqft.
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Mortgage on 216, Shamal Waves
Starts from the last sale price (AED 555K, 25 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 555,000
- Deposit, UAE resident (20%)
- AED 111,000
- Deposit, non-resident (40%)
- AED 222,000
- Monthly over 25 years at 3.7%
- AED 2,271
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →